CONTENTS

1. Objectivism and subjectivism in political economy2. The historical point of view and the unhistorical point of view 3. The point of view of production, and the point of view of consumption4. Conclusions

1. The theory of utility by substitution2. The amount of marginal utility and the quantity of commodities3. The fixing of the value of commodities in various types of consumption; Subjective exchange value; Money4. The value of complementary goods (the Theory of Imputation)5. The value of productive commodities. Production costs6. Conclusions

1. The importance of the problem of distribution; Formulation of the question2. The concept of capital; “Capital” and “profit” in the “Socialist” State3. General description of the capitalist production